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Bank of Canada – Prime Remains at 3%

This morning the Bank of Canada announced that it is not making any changes to the prime rate. This comes after 3 previous increases during the summer. The bank expects the economic recovery to be more gradual than it had projected in July. To read the full Bank of Canada press release click here. ...

The Old Man, the Boy & the Donkey

An old man and a young boy were traveling through a village with their donkey. The boy rode on the donkey and the old man walked. As they went along, they passed some people who remarked it was a shame that the old man was walking and the boy was riding. The man and ...